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Business

PIDG commits Sh2.33bn to Kenya’s first industrial REIT
Business

PIDG commits Sh2.33bn to Kenya’s first industrial REIT

Approved by the Capital Markets Authority on 8 December 2025, the ALP REIT holds the distinction of being the first industrial income REIT in East Africa. It introduces a tax-efficient investment structure to Kenya’s industrial real estate sector, opening the market to a broader pool of institutional investors.

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PHOTO/Kenya Culture
Business

Government pensions set to soar to Sh278 billion in 2026

The Treasury expects retirements to accelerate across education, security services, and long-standing ministries, pushing the number of pensioners on the government payroll beyond 370,000 by 2026, up from about 340,000 in 2023. This surge is expected to inflate both monthly pension payouts and lump-sum gratuities.

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Central Bank of Kenya Governor Kamau Thugge.PHOTO/Nairobi Law Monthly
Business

CBK says Safaricom stake sale will not threaten financial stability

CBK Governor Kamau Thugge told the National Assembly’s joint committee on Finance and National Planning and Public Debt and Privatisation that the sale of a 15 percent government stake to South Africa’s Vodacom Group is unlikely to affect M-Pesa, the mobile money service holding more than Sh250 billion in customer funds.

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OpenAI begins global rollout of age prediction system on ChatGPT
Technology

OpenAI begins global rollout of age prediction system on ChatGPT

OpenAI explained that teens who already state they are under 18 during signup are given additional safeguards meant to limit exposure to sensitive or harmful content. The newly introduced system goes further by identifying accounts where age details are missing or may not be accurate.

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